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    7001 Crestwood Blvd Irondale, AL 35210

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    For Lease
    Contact for pricing

    High-traffic retail center in Irondale, AL

    Lot size:
    299,709 SF

    Property Features for 7001 Crestwood Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    299,709 SF
    Total Rate
    299709

    Spaces For Lease

    at 7001 Crestwood Blvd, Irondale, AL 35210 Contact us
    Unit Suite 804

    $14 /Mo

    Size
    2,700 SF
    Contact us
    Unit Suite 108

    $168 /Mo

    Size
    5,816 SF
    Contact us
    Unit Suite 410

    $14 /Mo

    Size
    1,640 SF
    Contact us
    Unit Suite 1014

    $14 /Mo

    Size
    4,318 SF
    Contact us
    Unit Suite 414

    $14 /Mo

    Size
    4,450 SF
    Contact us
    Unit Suite 616

    $14 /Mo

    Size
    12,095 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Vanessa Morris
    Vanessa Morris

    Listing Agent: Vanessa Morris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Crestwood Festival Center, located at 7001 Crestwood Blvd in Irondale, Alabama (zip code 35210), offers a prime retail opportunity. This 299,709 square foot neighborhood center, street retail, and strip center boasts a total of 11 suites, with 60,000 square feet currently available. Units range from a minimum of 750 square feet to a maximum contiguous space of 60,000 square feet. The property sits on a substantial 42.88-acre lot and enjoys excellent visibility and accessibility from Crestwood Boulevard and convenient access to I-59/20. The center benefits from strong co-tenancy with major retailers including Home Depot, Burlington Coat Factory, Fun City Adventure Park, Dollar Tree, Bargain Hunt, Food Smart, America's Best Contacts & Eyeglasses, Armor Gym, and Crestwood Pickers. Its strategic location across from a new Amazon distribution center ensures high traffic counts and a robust customer base. The property presents a unique opportunity for businesses seeking exposure in a thriving Jefferson County market, with easy access to both downtown Birmingham and points east. This is an exceptional opportunity to establish or expand your retail presence in a high-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irondale
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.73295213
    Latitude
    33.52731824

    Nearby Similar for Lease

    • $16 SF/Yr
      5,418 SF

      Midtown Irondale Executive Suites

      Move-in ready office space, flexible sizes.
      1900 Crestwood Blvd, Irondale, AL 35210
      View Details
    • $5 SF/Yr
      31,864 SF

      Irondale Flex Warehouse For Lease

      Large Flex Space, High Ceilings, Ample Parking
      1569 Cooper Hill Rd, Irondale, AL 35210
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    • $9 SF/Yr
      228,200 SF

      Irondale Warehouse Space Available

      Modern warehouse space in prime Irondale location.
      2411 1St Ave, Irondale, AL 35210
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail center in Irondale, AL
    Where is this neighborhood center located?
    The property is located at 7001 Crestwood Blvd Irondale, AL.
    What is the lease rate?
    The lease rate is $14-$168 SF/Yr.
    What are key features of this property?
    This property features: UNDER NEW MANAGEMENT; Suite sizes range from 1,640 to 12,095 square feet.; Excellent access to Crestwood Blvd. and I-59/20.
    (205) 383-4007 Call to check price and availability
    Request Owner's contact information
    7001 Crestwood Blvd Irondale, AL 35210
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    Irondale, AL 35210
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7001 Crestwood Blvd Irondale, AL 35210
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Vanessa Morris
    Vanessa Morris
    Real Estate License ID: 793240
    (205) 383-4007 (205) 447-1728 (205) 201-7300
    Learn more
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